For details on how your data is used and stored, see our Privacy Notice.

Coal use dented by India’s 100 GW solar plan – but is it a bridge too far?

Report summary

Seaborne thermal coal suppliers, already reeling from a combination of low prices, overcapacity, weakening Asian demand growth and a rapid slowdown of imports in China, could face even more pressure as India expands its solar profile. India’s Union Cabinet approved Mr. Modi’s solar power capacity target of 100 GW by 2022. If this ambitious target is met, solar plants could displace up to 60 Mt of thermal coal by 2022 and place India on a path to consume significantly less import coal by 2035.

We use cookies on the public areas of our website. They let you easily navigate your way around the site and allow us to improve its performance, or even recommend content we believe will be of most interest to you. By continuing to browse the site you are agreeing to our use of cookies. If you would like to learn more about how we use cookies and how you can manage them, see our Cookie policy.